The Day Ahead: AM Edition 2022-08-23
An initial try to climb out of the hole in the equity indices early
Bonds
ZB fell through 138^04 to test next support at 137^02 this morning and quickly bounced back to recover the drop. I didn’t expect the drop, but the quick recovery bolsters the idea that a bit of a bounce is due before the next major leg down. Could easily bounce around between 138^31 and 138^10 for a bit before trying for 139^19 or 140^07 next week.
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